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FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance
📅 9 hours ago

FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance

On 5 August 2026, European stock markets traded higher as expectations grew that the United States and Iran were moving closer to an agreement to restore safe shipping through the Strait of Hormuz, one of the world’s busiest oil routes. The FTSE 100 climbed 0.41%, Germany’s DAX gained 0.49%, and France’s CAC 40 added 0.12%….

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AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk
📅 11 hours ago

AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk

On August 5, 2026, AMD stock experienced a sharp reversal despite reporting strong results. The semiconductor giant delivered second-quarter revenue of $11.54 billion, up 50.1% year-over-year. Adjusted earnings per share reached $1.66, topping Wall Street consensus estimates. Yet, shares fell 7.4% as investors demanded even faster artificial intelligence growth.  This sudden drop put over $61…

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Spectrum Outage in North Carolina Caused by Vandals; $25,000 Reward Offered
📅 13 hours ago

Spectrum Outage in North Carolina Caused by Vandals; $25,000 Reward Offered

Spectrum outage in Buncombe County, NC caused by vandals cutting fiber cables. Service restored by 4:05 p.m. Spectrum offers $25,000 reward. Industry saw 18,327 attacks in 2025, up 59% from 2024.

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Lloyd Robertson Dies at 92 After Decades Leading Canadian Broadcast News
📅 15 hours ago

Lloyd Robertson Dies at 92 After Decades Leading Canadian Broadcast News

Lloyd Robertson, one of Canada’s most respected television journalists, has died at the age of 92. His family confirmed his death on August 5, 2026, bringing to a close a broadcasting career that spanned more than six decades. From federal elections to international crises, Robertson became a familiar and trusted presence in Canadian homes. His…

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Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs
📅 15 hours ago

Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs

On August 5, 2026, Australian shares looked set to open higher after Wall Street reached fresh record highs and oil prices fell sharply. The drop in crude eased inflation concerns and lifted investor confidence across global markets. Strong earnings from major U.S. companies added to the positive mood. As trading gets underway on the ASX,…

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Chevron and Exxon Deliver Record Profits as Trump Calls for Lower Fuel Prices
📅 16 hours ago

Chevron and Exxon Deliver Record Profits as Trump Calls for Lower Fuel Prices

On August 4, 2026, U.S. oil companies Chevron and ExxonMobil reported combined quarterly profits of more than $26 billion, helped by higher crude oil prices and strong refining margins. The results came as President Donald Trump called on major oil producers to lower fuel prices for American drivers. The gap between record corporate earnings and…

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Singapore Airlines Engineer Wins A$41,203 After Unfair Dismissal Over 17-Minute Delay
📅 16 hours ago

Singapore Airlines Engineer Wins A$41,203 After Unfair Dismissal Over 17-Minute Delay

Brisbane engineer Mohammad Israfel Khan wins A$41,203 in unfair dismissal case after Singapore Airlines A350 delay. Fair Work Commission finds dismissal lacked procedural fairness and serious misconduct unproven.

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Social Security Payments Rise 3.8% in 2027; Seniors Face New Tax Risk
📅 17 hours ago

Social Security Payments Rise 3.8% in 2027; Seniors Face New Tax Risk

Social Security recipients face a projected 3.8% benefit increase in 2027, averaging $74 more per month. But some seniors may owe new taxes that could erase the gain.

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SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
📅 1 day ago

SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings

SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…

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